GMO CTB

Job description

About Barclays


Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide . Please visit our website here for more information.


IB Operations


Global Markets Operations is the engine responsible for ensuring the execution and servicing of all products and services. Our core objective is to deliver service excellence by executing our processes in the safest and most efficient way, leveraging automation and 'Lean' approaches to achieve this. Some of the core processes that we deliver include Post Trade Services, FX Operations, Collateral & Liquidity operations.

The environment in which we operate is continually changing. Global Markets Operations plays a key role in driving market initiatives and regulatory changes and, by ensuring we are ahead of competitors on these initiatives, continually helps to drive down costs and increase revenue.

Around 3,000 colleagues work in Global Markets Operations globally, and our ambition is to make our organisation a truly excellent place to work, with the best possible opportunities for colleagues to succeed and develop their careers.

Overall purpose of role:

A CTB role involves transforming strategic ideas into change projects that can be planned, and monitored whilst being mindful of risk, budget and personal conduct.

Key Accountabilities and Skills required:


Stakeholder management and leadership
· Demonstrate an understanding of the strategic vision of a project and able to assist with articulating to stakeholders the contribution they play in the future success of the organisation, so that they are motivated to travel on the journey.
· Strong team player who contributes to cultivating a culture of collaboration where involvement and sharing are seen as essential for the achievement of shared objectives and agendas.
· Strong communicator with flexibility to communicate effectively across the team and build successful relationships with key stakeholders, SMEs and other functions.
· Act as a catalyst for change and contribute to ensuring the need for change is embedded across the team.
· Builds trust through credible use of facts and data and posses ability to creatively resolve problems and issues at pace.
· Ability to apply a risk lens with key deliverables in mind.
· Ability to contribute to quantifying and driving mitigation of risk at a team level Decision making and problem solving
· Ability to assist with anticipating and heading off problems that could jeopardize the outcome of a project.
· Ability to think outside of the box, and contribute to providing quick solutions and resolving team issues in a timely manner. Key specific accountabilities
· Support the delivery of a well designed change project that can be planned, organised and tracked.
· Prioritise and manage multiple items at once and ensure consistent delivery under pressure.
· Demonstrate strong analytical skills.
· Develop an understanding of a function, operating model or project in order to execute change.
· Ambassador for the firm's values demonstrating integrity and courage in their convictions. Technical Skills and Qualifications will include
· High level understanding of the trade lifecycle and the functions listed in the below table.

Function

Sub-Function

Trade Management

Post-trade aggregation, Trade capture into back-office platforms, Trade enrichment, Amendments and modifications, Bilateral/Multilateral netting, Trade validation, Trade event management, Novation/Assignment, Compressions, Additional transaction servicing

Confirmations

Affirmation and allocation, Generation/sending of confirmations, Confirmation matching, Document management, Exception handling

Clearing

Generation/sending of clearing instructions, Clearing fees

Collateral & Portfolio Management

Manage collateral agreements, Matching and allocation, Administration, Reporting, Position management

Client Valuations

Processing client valuation statements, Client servicing

Settlement and Delivery

Generation/sending of settlement instructions, Settlement processing, Settlement fail processing and exception management

Regulatory Reporting

Transaction reporting, Position reporting, Client asset reporting

Asset Servicing

Corporate actions, Coupon/dividend processing, Tax services, Proxy Voting, Custodian fees

Reconciliations

Front-to-back (internal) reconciliations, 3rd party reconciliations, Nostro reconciliations

Referential and Static Data

Product master (static), Client/Counterparty, External reference data, Operational data, Corporate action database

Operations Management

Operations management, Change management, Performance reporting, Risk & Controls management, Network management and billing

· High level understanding of all product families listed in the table below.

Product Family

Product

Sub-Products

Securities

Equities

Cash Equities

Single Stock, ETF's, Baskets, Medium term notes

Stock Lending

Stock lending and borrowing

Fixed Income

Rates

Government bond/bonds

Credit

Corp. Bonds/High yield, convertibles, MBS, ABS

Repos

Repos, Bond lending & borrowing

Listed Futures & Options

Listed FX, Rates, Credit, Equities futures &options (incl. listed warrants)

Foreign Exchange

Money Markets

Loans & deposits, term deposits, certificates of deposit, commercial papers, treasury bills, bankers acceptances, eurodollar deposits

FX Cash

Spot, Forward, FX swaps, NDFs

FX Options

Vanilla, Exotic

OTC Derivatives

Rates

Flow

Vanilla swaps, caps/floors, cross-currency swaps, debt options, FRAs, OIS, swaptions, IRDs

Structured

Baskets, callable, CMS, exotic options and currency swaps, path dependent derivatives, ratchets, snowballs, TARN


Credit

Flow

CDS (single-name, baskets, index, index-tranche)

Structured

Exotic CDS, credit options, CDOs/CDO2s, swaptions, synthetic CDOs, CLOs/CLNs, all other securitized credit

Equity

Flow

CFDs, vanilla options, variance/equity swaps (single stock, dividend, OTC warrants, index/basket, spread), index deposits

Structured

Accumulators, exotic options, packaged dispersions, correlation, (non-) alternative investment underlying (certificates/notes, OTC, funds)

Commodities

OTC

Flow

Vanilla options, energy, metals, agricultural swaps

Structured

Index swaps

Listed

Agriculture, Energy, Metals

Risk and Control

All Barclays colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

The Benefits

Our customers deserve the best. The same goes for our employees. That's why at Barclays you'll receive a range of benefits that include a competitive salary and all the tools, technology and support you need to succeed.

Our Culture

Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. The values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our employees. Simply put, success is not just about what you achieve, but about how you achieve it.

Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.

Barclays is an equal opportunity employer and are opposed to discrimination on any grounds. For more detailed information, please visit our dedicated Diversity and Inclusion site here .